S&P 500 Elliott Wave Technical Analysis – 24th October, 2016

Upwards movement unfolded as expected for Monday’s session. The main Elliott wave count today will have two hourly charts, a main and an alternate. Summary: A downwards day and a red daily candlestick are expected for tomorrow. The preferred target is at 2,145,...

S&P 500 Elliott Wave Technical Analysis – 18th October, 2016

Upwards movement was expected for Tuesday. Price made a higher high and a higher low, and the daily candlestick closed green but only just. Summary: Price should move lower for one or two days. This is supported by bearish divergence with price and RSI, inverted VIX...